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Updated over 3 years ago on . Most recent reply

User Stats

53
Posts
18
Votes
George Lay
  • Rental Property Investor
  • Vancouver, British Columbia
18
Votes |
53
Posts

Saving Money in Canada to maximize your downpayment.

George Lay
  • Rental Property Investor
  • Vancouver, British Columbia
Posted

I’ve been teaching people this for over 20 years.

Here’s the answer. You should save your money in this order to maximize your savings….

1. Leverage

2. RRSP

3. TFSA

4. Non-registered

Of course it depends on your unique situations, but most people should follow this order.

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